The Capital Markets (Investment-Based Crowdfunding) Regulations

6. Eligibility for licensing

Edition: 2022-12-31 · In force

An applicant shall be eligible for licensing as a crowdfunding platform operator, if that applicant—

(a)is a company limited by shares;

(b)has a minimum paid up share capital of Kenya shillings five million; and

(c)has a minimum liquid capital of Kenya shillings ten million or eight percent of its liabilities, whichever is higher.